Annual Recurring Revenue (ARR) Stories - Page 5

UK Stories

Annual Recurring Revenue (ARR) stories

TeamSystem posts record revenue as AI push lifts growth

Recurring revenue and AI subscriptions helped the Italian software group lift annual revenue 12% to EUR 1.15 billion and widen margins.

By Karen Joy Bacudo • 3 min read • Tue, 21st Apr 2026

Digital Transformation

ControlUp tops USD $100 million ARR & becomes unicorn

Demand for automated workplace IT has pushed ControlUp past USD $100 million ARR, lifting its valuation above USD $1 billion.

By Karen Joy Bacudo • 4 min read • Thu, 16th Apr 2026

Global Stories

Annual Recurring Revenue (ARR) stories

Manufacturing

EvoluteIQ appoints new chiefs after USD $53 million funding

The hires are intended to help EvoluteIQ convert its USD $53 million investment into faster international growth and stronger customer demand.

By Sofiah Nichole Salivio • 4 min read • Wed, 6th May 2026

Firewalls

ControlUp appoints Tim Freestone after USD $100m ARR

The workplace software maker is sharpening its AI-driven growth plans as it crosses USD $100 million in annual recurring revenue.

By Mark Tarre • 3 min read • Wed, 6th May 2026

Data Analytics

Codat launches advisory intelligence platform for banks

Banks are under pressure to turn scattered customer data into actionable advice as BMO adopts Codat’s new platform for client conversations.

By Karen Joy Bacudo • 4 min read • Wed, 6th May 2026

Data Protection

Commvault posts record cash flow as SaaS revenue jumps

Strong recurring revenue growth lifted Commvault’s full-year sales to USD $1.184 billion, while SaaS jumped 52% and cash flow hit a record.

By Karen Joy Bacudo • 4 min read • Mon, 4th May 2026

Software-as-a-Service

Glean expands in Australia as ANZ demand for AI grows

Australian businesses are pushing AI beyond pilots, prompting Glean to nearly double local headcount as ANZ customers rise more than 60 per cent.

By Mark Tarre • 4 min read • Mon, 4th May 2026

Digital Transformation

Legora raises USD $50 million more in Series D extension

The fresh capital lifts Legora to USD $600 million in Series D funding as demand for legal AI tools accelerates across firms and in-house teams.

By Karen Joy Bacudo • 3 min read • Mon, 4th May 2026

Software-as-a-Service

xReality lifts revenue 67% as cashflow turns positive

Positive operating cash flow and a bigger US customer base helped lift annual recurring revenue 67% to GBP £4.2 million for xReality Group.

By Karen Joy Bacudo • 4 min read • Thu, 30th Apr 2026

Fintech

InDebted founder steps back as chief executive search begins

The debt collection software group is seeking a new chief executive after revenue rose 52% and monthly profitability hit a record.

By Mark Tarre • 4 min read • Wed, 29th Apr 2026

Unified Communications

Crescendo expands into UK & Europe after rapid growth

The customer experience software provider is courting UK and European brands as it passes USD $100 million in annual recurring revenue.

By Joseph Gabriel Lagonsin • 4 min read • Fri, 24th Apr 2026

Software-as-a-Service

Adyen adds loyalty software in €750m Talon.One deal

The move gives the Dutch payments group a bigger role in merchants’ pricing and promotions, as it seeks to unify online and store sales.

By Karen Joy Bacudo • 3 min read • Fri, 24th Apr 2026

Software-as-a-Service

VAST Data hits $30bn valuation after $1bn Series F round

The fresh capital will fund global expansion as investors back VAST’s AI infrastructure software, now valued at USD $30 billion after its latest round.

By Mark Tarre • 5 min read • Thu, 23rd Apr 2026

Software-as-a-Service

AI drives surge in complex software pricing models

Finance teams face rising billing errors as AI pushes software vendors towards hybrid pricing, with usage-based charges up sevenfold since 2025.

By Joseph Gabriel Lagonsin • 4 min read • Fri, 17th Apr 2026

Document Management

iManage appoints Ryan Begin & David Zember to partner roles

The hires aim to strengthen iManage’s partner network as software buyers demand more integrations, automation and broader customer support.

By Mark Tarre • 4 min read • Wed, 15th Apr 2026

Virtualisation

StorMagic posts 36% growth as VMware rivals gain ground

Customers seeking VMware alternatives helped drive StorMagic’s annual recurring revenue up 36% as rising hardware costs boosted demand for its software.

By Karen Joy Bacudo • 4 min read • Wed, 15th Apr 2026

Software-as-a-Service

Freshworks names Vahalia to lead global partner push

The software maker is leaning on partners to win bigger enterprise deals, after more than 60% of annual recurring revenue came from mid-market and enterprise customers.

By Sofiah Nichole Salivio • 4 min read • Fri, 10th Apr 2026